Promising Hotel Growth and Regional Involvement in the Middle East Posted on April 20, 2017 by Tourico Holidays Promising Hotel Growth and Regional Involvement in the Middle EastThe Middle Eastern hotel industry continues to grow. The Middle Eastern hotel industry continues to grow, for this, it is no surprise Tourico Holidays has experienced a 112 percent year-over-year growth in 2017. Outbound travel from this market continues to rise, as well. Additionally, the United States alone has seen an increase in hotel room stays in the Middle East by 12 percent year-over-year. “Hotel room nights are up, key source markets such as China and the U.S. continue to increase their demand for the region, hotel cancellation rates are down 45 percent in 2017, and Middle Easterners are booking more hotel nights than ever,” said Ala Andriuta, the Product Director of the Middle East for Tourico Holidays. In recent news, Tourico has relocated into a new office in Business Bay, Dubai, and has also partnered with a key supplier Address Hotels + Resorts, a luxury lifestyle brand in Dubai that is recognized worldwide. To learn more about our increase in hotel bookings, follow Business Wire, and Hospitality Net.